₦airaland Forum

megawealth01:
On full bid abi na my app dey deceive me ni?

When JAPAUL's time come eh... ELLAH LAKES sudden flight will be child's play... I told analysts to buy before analysis

Once I saw the clouds gathering, I increased the size of my umbrella.......another solid call from Loco!!!

Loco makes another right call .....Japual heading to full bid...

EDUECO:
I repeat,banks like Zenith, Access,UBA,Stanbic, GTBANK,Fidelity,WEMA,Jaiz and First Bank will continue to declare profit every year from 2025 till 2075.

Banks make money every seconds from their physical office and online(this takes place 24 hours of the day).

Banking business is more lucrative than production of goods.

If Nigeria’s economy became more productive and stable, banks would likely earn less.

Today, they profit heavily from charges on basic services account maintenance, transfers, cards, alerts and from close political ties that ensure rules favor them in reviewing these prices upward even when the larger economy was slowing down.

In developed economies, these services are free, and banks make money from core lending and investments. A stronger Nigeria would push banks toward real value creation, cutting easy, fee-based profits.

Phlinx:
Politely correct me if I am wrong but isn't it when it's going down you pick?

Personally, I wouldn’t touch a stock that’s clearly on a downward trend. Otherwise, you’ll end up buying more just to average down your losses
which is really just digging yourself deeper into a hole.

In my opinion, it is a high-risk, high-reward way to trade.

I prefer to enter at the early stages of its upward trend.

Zegra:
DANGSUGAR
This one go soon discover crude oil

Can you believe it made it into Morgan Capital’s stock pick for the week? Their research analyst needs to be introduced to this group so they can learn how it’s really done from the gurus here.

VFD rights issue - qualification date is 8th Aug

https://businesspost.ng/economy/vfd-group-files-application-for-n50-7bn-rights-issue/

It appears there are technical issues with the NGX platform.

For instance, with Linkassured, there is an offer that perfectly matches the exiting bids but has not been consumated now for over 10 mins.

Guinea’s price is stuck because no one is willing to sell. Could someone please assist the ministry in moving things forward?

I have done my part to inject some life into it...now green

Custodian is finally joining the insurance herd!! on the verge of full bid.

SSUNU bounces back - on the verge of full bid!

Live trading is back

EDUECO:
Live trading has been disabled!

The mafia are up to no good!!

when the player is losing the game and decides to pull the board off the table

Locotrader:
Note that insurance stocks are in a bullish season.Those who can't watch their stocks doing 100% to pullback can sell and wait for a new support.

If you can endure pullback,no need to worry.

For Loco who does not like to loose 1kobo profit always like to repurchase what I sold at a new support average down.

This week is a pivotal week for Loco.

This time around,no body should say Loco did this Loco did that.

Insurance is bullish oooo.
Trader/investor notice.
Two in one notice

chief, You've done well for many of us here.

I already vastly exceeded my target for the Month within 1 week, incorporating your picks.

austinkenneth:
They've now made it a FULL BID!

They are trying to do same thing to WAPIC. The guy also flirted with the idea that WAPIC was overpriced last week.

austinkenneth:
They've now made it a FULL BID!

@Streetinvestor2: well done on leading the sheeps astray

Veritas now in full bid.

Well done to the bloke who encouraged people to sell Veritals last week Thursday, friday.

Some buyers pushed Veritas’s price down last week probably to shake things up and take a position. Now, come Monday morning, they’ve flipped it into a near full-on bid.

It appears the same game is being played with WAPIC.

faoogoke:
RI listed this morning. Hum.. 44 characters reach?

any idea what the qualification date is?

As predicted by Loco, the insurance bull continues

Locotrader:
A beautiful new week my people.

You will find this interesting if you are in Japaul.

When you see analysis like this,know it's high time to dive in for a good ride.

Loco must help to build Nsempa Economy the way it will benefit all.

https://x.com/i/grok/share/pKzkchIARo1pp9exnl4FffUa9

I dont know how well poised Japaul is to exploit the international market, but Gold futures is at an all-time high - thanks to DJT

Property insurance to be made compulsory for property under construction and all public properties.

Tinubu pulling the right strings this year.

https://nairametrics.com/2025/08/08/8-insurance-provisions-in-nigerias-new-act-every-landlord-developer-and-property-investor-should-know/

Streetinvestor2:
Not my style. When I get down of a bus based on fundamentals. I don't look back.If in future the Fundamentals change for good that is when I consider the stock again.
The results has been in decline for full yr 2024 and quarters of 2025..I have been waiting to get down at #1.50 which It once touched so seeing #2.00 was God blessings. I no be Oliver twist

After reviewing some of the so-called "weak" insurance companies, such as Veritas Kapital, I noticed a trend: while financial performance (particularly return on assets) may be poor, many of these firms are not highly leveraged.

In my view, leverage not poor ROA alone is the key determinant of whether an insurance company is likely to exit the market during this recapitalisation phase. High leverage limits the ability to raise fresh capital and makes such firms unattractive for acquisition. These are the true high-risk candidates.

By contrast, underperforming companies with large asset bases and modest leverage could be prime targets for acquisition or merger, especially by firms looking to scale operations quickly. Why? Because:

Acquiring such a company offers instant access to a client base and market presence.

It may be preferable to raising capital from scratch, particularly when speed matters.

A stronger balance sheet can be retooled, but client lists and licenses are harder to replicate.

Raising capital is relatively straightforward, especially for well-run companies. What’s harder is growing a scalable client base without diluting return on assets.

Happy to know why you think otherwise.

Streetinvestor2:
Walahi the thing dey pain the guy reach heart..lol
619% appreciation

The bus is still moving - now @2.09. You can still join it.

VERITASKAP trading at above 2.01. Sorry to the bloke who dropped off at that bus stop.

Linkassure back on full bid!!

Guinea back on full bid!

We continue riding the wave today

AIICO back on full bid!!

Royalex heading to full bid.

It appears SUNUASSUR is fighting its way back into green

SohSoh:
How does a business like Ellah Lakes make money .... from it agricultural produce.....

Let us see the produce

Picture attached a Bottle of Okumo oil. I have never seen Ellah Lakes Produce/Product in the market

Ellah is clearly a business that seeks to sell itself as a business ubdergoing rapid positive transformation.

Interesting it grew revenue from less than N1m in 2024 to N60m YTD.

Also, it has biological assets worth N585million but also has a salary payable of N525million which I guess is likely intended to be primarily share-based compensation to senior exec...but still seems quite steep or probably premature given the revenue and biological asset value as at YTD.

It makes me question how diverse and independent the board is.

Also, the large portion of the asset value (over 80%) is down to N22billion of land (approx N15billion of this value was recognised in 2024 by a fair value adjustment - a 200% increase in land value). This would make me feel very uncomfortable if I were a long term investor.

This adjustments were signed off by a small audit firm also.

While it may have met ICAN criteria to audit and signed off the account, I would personally be uncomfortable relying on a 15billion naira revaluation gain being signed off by a small accounting firm....

2zona:
Insurance stocks seem to have received another email ooo, full bids are getting stronger. Those previously on offer are drying out. D

Is anyone here cc'ed in this email or has some expo on it to share?

Some of us are riding the insurance wave without a life jacket and would appreciate the advance advisory.

Agbalowomeri:
Lol after 3 months continues bull, what else do you expect? Bull must drink water na otherwise e go collapse

Had I fully heeded the prophets, I'd have gone all in on the insurance wave—head first and no life jacket.

Thank God for the one leg I dipped in insurance, it is keeping my portfolio green.